In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Edelweiss Financial Services Limited has disclosed a credit rating update for its wholly-owned subsidiary, ECap Equities Ltd.
Infomerics Valuation and Rating Limited, via a letter dated November 12, 2026, has assigned a long-term credit rating of 'IVR AA-/Stable' to ECap Equities Ltd.'s proposed Non-convertible Debentures (NCD) programme. The total size of the proposed NCD programme is ₹100 crores.
The assigned rating is not based solely on the subsidiary's standalone profile. Infomerics states the rating incorporates a consolidated view of Edelweiss Financial Services Limited (EFSL) and its subsidiaries, considering the close operational, financial, and managerial linkages between the parent company and its subsidiaries.
The disclosure was signed and submitted by Tarun Khurana, Company Secretary, on November 13, 2026.